Paul Millstein of Douglas Development shared a concept his company has for Square 450 and 451 at this month’s MVSNA meeting. The Triangle had speculated about these squares in the past and it was good to hear plans straight from the developer.
Douglas Development has spent 15-20 years in assemblage on these blocks. They presently feel they own or have under contract all the properties they are likely to be able to acquire. Because of this they are now ready to design their concept around those holdout properties.
Below are my long list of notes. Please remember all this is preliminary:
- Plan is for high energy mix of retail and office
- Seeking CLD to build mandated residential elsewhere in city
- Shalom Baranes will be the architectural firm
- All but 1 property on the 1000 block of 7th Street NW are owned or under contract
- Plans are solely to restore these 7th Street NW properties rather than build over them (similar to DD’s past project on the 700 block)
- On NY Avenue the plan is to move the DC Eagle building next to the Avenue/Lux building
- Will not acquire Marrakesh or corner of 6th and L
- Two office buildings with ground floor retail will occupy the remainder of the square 450
- Square 450 office buildings will be roughly same height as the convention center and have windows on all four sides
- Square 450 loading docks and other curb cuts will be on L Street
- Douglas will relocate historic properties south on Square 451 to a cluster on K Street
- Square 451 will have massive office building with ground floor retail
- Plan to rebuild The Waffle Shop on K Street
- Plan to embrace K Street’s wide sidewalks with retail and restaurant uses
- Will not acquire the rowhouse at 628 New York Ave NW or the small parking lot on the SW corner of 6th and NY Ave
- In discussion with an entertainment anchor that will have an entrance on 7th and NY Ave and below grade venue. Would not name the anchor but said “It will blow your mind.” Could it be HOB?
Douglas will spend the next year in the entitlements process including presenting this concept to HPRB in December. Another year after that would be spent filing more documents. Ground breaking would still be 2+ years out. You can then of course add another 2+ years for construction. They plan to continue dialect with the MVSNA and present at another meeting in the near future.
UPDATE (11/19/2008 2:00 pm): Cary Silverman’s blog has also posted on the presentation. Cary questions the lack of residential with mixed feelings.